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  1. #1
    jalal is offline Novice
    Windows 7 64bit Access 2007
    Join Date
    Jan 2012
    Posts
    17

    Amortization of personal Loan win compound interest on quarterly basis

    Hi

    I have to develop an application to find out the amortization of a personal loan with monthly installments and interest to be calculated on quarterly basis.



    Can any one help Please

    Jalal

  2. #2
    June7's Avatar
    June7 is offline VIP
    Windows XP Access 2010 32bit
    Join Date
    May 2011
    Location
    The Great Land
    Posts
    52,902
    We can help when you give us something to analyse.

    You might find a template database somewhere. Do web search on the topic.
    How to attach file: http://www.accessforums.net/showthread.php?t=70301 To provide db: copy, remove confidential data, run compact & repair, zip w/Windows Compression.

  3. #3
    orange's Avatar
    orange is offline Moderator
    Windows XP Access 2003
    Join Date
    Sep 2009
    Location
    Ottawa, Ontario, Canada; West Palm Beach FL
    Posts
    16,722
    What exactly do you mean by I have to develop an application to find out the amortization of a personal loan....?

    Is this a homework assignment or something?
    What part is giving you trouble?
    What have you done so far?

    Some links that may be of use
    http://en.wikipedia.org/wiki/Amortization_schedule
    http://www.ehow.com/how_12089756_cal...rest-rate.html
    http://www.vertex42.com/ExcelArticles/amortization-calculation.html


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